Madluvyz
05-10 06:52

Disclaimer: Whatever I say or post doesn't act as financial advice, so please do your due diligence before making any decision.

Chase the wave, or pause because the market is overbought and overly euphoric? I think that in this overzealous market, we should all take a step back and look for overlooked sectors. Healthcare is definitely one of the most beaten-down sectors, despite established companies such as JNJ and ABBV reporting earnings that exceeded expectations.

Once institutional investors feel that tech stocks have become too overbought and begin taking profits, capital will likely rotate into overlooked sectors, with healthcare being one of the stronger candidates. I do not think this will happen immediately, but it is an idea worth sitting on and watching closely.

@Madluvyz - Specialist in using FA and TA to sell options and swing trade.😺

Nasdaq Hits Highs for Six Straight Weeks: Dare to Chase?
Nasdaq 100 hit a record high. Accelerating AI capex deployment and a semiconductor super-cycle are the structural dual engines behind this Nasdaq valuation expansion, though six weeks of gains have pushed overall valuation percentiles close to historical highs. Next week's BABA, Tencent, and CSCO earnings will serve as a critical window to test whether the AI narrative can continue to secure fundamental support. After six straight weekly gains, do you stay fully invested or trim to lock in profits — what's your call?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment